This Problem Will Be Easier If You Have Done Problem

question 17

Multiple Choice

This problem will be easier if you have done Problem 3. The inverse demand function for grapefruit is defined by the equation p = 136 - 4q, where q is the number of units sold. The inverse supply function is defined by p = 16 + 4q. A tax of $16 is imposed on suppliers for each unit of grapefruit that they sell. When the tax is imposed, the quantity of grapefruit sold falls to

• A) 13.
• B) 11.
• C) 11
• D) 15.
• E) 14.

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Definitions:

Apicomplexans

Parasitic protists that reproduce in animal cells.

Malaria

A mosquito-borne infectious disease affecting humans and animals caused by parasitic protozoans of the genus Plasmodium, characterized by fever, chills, and flu-like illness.

Organism

A living entity that can function independently, consisting of one or more cells.

Contractile Vacuole

In freshwater protists, an organelle that collects and expels excess water.